If you bought Safaricom shares 5 years ago, you have made a return of close to 600%. Even in the face of competition and split recommendations due to alleged dominance, the company has continued to outperform and is currently by market capitalization, bigger than the combination of all Kenyan banks plus EABL!

Beyond your emergency fund, you should not put money that you don't plan on using in the near future into a bank savings accounts or merry-go-round scheme since they can't even keep up with inflation. The "rule of 72" offers a simplified way to calculate how long your investment will take to double, given a known annual rate of return.

Interestingly, there are some foreign investors who are waiting for the market to bottom out so they can take full advantage of the bear. Well, Africans only slaughter when the visitors come, so let them. But make sure you are in when the meat is being distributed.

Intelligent investors are busy purchasing stocks now, such that when the market recovers, their portfolio averages will be low enough to start gaining earlier than their counterparts who are waiting to start buying when the hype about markets rebound hits the mainstream news channels.

The common market myth that evaluating a company and evaluating a stock is the same thing is a misconception. At face value this may seem to be fairly logical, but on close scrutiny, there is a great deal of difference between evaluating a stock and evaluating a company.

According to research carried out by various investment analysts, the intrinsic value of the Safaricom share ranges between KES 18.67 to KES 20.69. A consensus forecast survey carried out by 16 polled investment analysts covering Safaricom Limited concluded that the company may outperform the market.

Britam reported a profit of KES 3.2 billion up from 2.8 billion in the previous year, heralding a growth of 12.2% in the year. The good news was translated into dividends as the company announced a dividend of KES 0.25 per share.

Brief Company Profile

Safaricom Limited is a service-providing telecommunications company offering a broad range of services to its customers. The company currently enjoys a 64% market share as at December 2015, and with over twenty five milion subscribers. Safaricom is primarily engaged in offering a comprehensive range of integrated telecommunication services, including mobile and fixed Voice, SMS, Data, Internet and Mobile money (M-PESA). Additionally the company offers business telecom services including business connectivity, enterprise mobility and managed IT and telecom services.

Safaricom has embarked on a new strategy to deepen access to its customers by opening regional headquarters across the country. Devolving its operations into regional headquarters will greatly improve customer service and boost efficiency. Safaricom is also the first Kenyan service-provider to offer the actual 4G (4th Generation) LTE (Long Term Evolution) network currently 20 counties, A wireless network standard delivering 10x 3G speeds to smartphones, modems and other broadband powered devices. It is these, among many other robust corporate strategies that have seen Safaricom rise to become a market leader in the kenyan telecommunications industry with the Underlying Business growing at a faster rate than the core business.